HON · News · 20261104N

Building Automation Demand

HONEYWELL INTERNATIONAL INC · 2026-11-04 · Importance 15 · Surprise 14

The global Variable Air Volume (VAV) systems market was valued at $16.8 billion in 2025 and is projected to reach $29.7 billion by 2032, an 8.5% CAGR. Demand is supported by energy-efficient HVAC adoption, smart-building investment, building-performance requirements, and indoor-air-quality needs. Honeywell is listed alongside Daikin, Trane, and Johnson Controls among companies competing in the market.